• mosiacmango@lemm.ee
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    7 hours ago

    Non-profits make profit all the time. The key difference between a for-profit and a non-profit is that a for-profit company takes that money and gives it to its owners, and a non-profit is legally required to reinvest that money in its organization or missions.

    Of course, non-profits can also do shitty things like nepo hires with vastly inflated salaries, throw parties and extravagant galas for “fundraising” and spent almost nothing on the charity aspect.

    This is why lots of rich fucks setup their own “philanthropy” organizations. They can dump their wealth into tax free and pay themselves and their heirs ungodly sums while paying for villas/jets/etc from the untaxed non-profit.

      • mosiacmango@lemm.ee
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        6 hours ago

        I’m well aware of the foundation, and the fact that they have left him on the board with zero consequences or controls.

        Stating your ethics and then not enforcing them makes the statement pointless.

        • Cyborganism
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          43 minutes ago

          If your want to be hard headed about this, that’s your problem.

          Yan isn’t the only guy on the board of directors. The others are pretty fucking credible and knowledgeable people on the topic of privacy. They all make the decisions togetherness. And im pretty certain they’ll have the last word and steer Proton in the right direction.

          And again, no, it’s not because they have a free tier that they’ll collect and sell your private information. That goes against the core value of Proton and its directors.

          • mosiacmango@lemm.ee
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            37 minutes ago

            “State your ethics and then stand by them” is being hard headed?

            When the above is a bar too high for you to reach, that’s a you problem, mate.